Investor Presentaiton

CY21 Outlook > The citrus season is an 'on year' with resultant higher yields, which are overall currently tracking to forecast, noting the Riverland will deliver a likely more favourable than forecast yield. Fruit quality is ahead of expectations, with volume of first grade product up on the previous year at the same time. Fruit fly treatment costs will apply for the entire season (restrictions in place to December 2021) and supply chain impacts are likely ongoing in some export markets as differing levels of restrictions remain. Export pricing is expected to remain consistent with previous years, noting the higher Australian dollar. Labour has been guaranteed for the season, but with additional quarantine cost. Anticipated that Western Australian avocado crops will be strong, further contributing to higher avocado supply and lower prices continuing over the second half and resulting in a performance well below expectations. Early tonnages of Arana blueberry variety have attracted a price premium in FNQ, however initial indications are challenging with respect to meeting expected overall yield target. The main Corindi New South Wales crop is yet to commence, but current volumes and pricing are forecast to be in line with expectations. Mushroom production levels are stabilising and are anticipated to progressively improve over the second half as the work continues on addressing yield and labour challenges. Tomato pricing for truss varieties continues to return to more normal levels and the expectation is this will continue over the second half, including more positive snacking and cocktail pricing. Planting will begin on schedule in July 2021 in the new glasshouse four. Apart from the labour challenge at the Monarto mushroom facility, the company expects to have sufficient labour to harvest its crops over the second half. At this point in time, based on current information, Costa expects CY21 EBITDA-S and NPAT-S to be marginally ahead of CY20 (which were $197.2 million and $55.1 million) prior to taking into account the impacts of the acquisition and the equity raising. Costa Group Holdings Limited African Blue Morocco's Best Bluebe Only the Finest Berries" Driscoll's Klady fingers LOVACADO. Aussie avos. From Costa. MUSH BOOM! NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES TO THE RESCUE Perino Vitor AUSTRALIA'S BEST itor AUSTRALIA'S BEST 32 32

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